Lot 1765
1808 BD-4 Rarity 3+ NGC graded Unc Details. Obverse spot removed. A well struck example shimmering with intense frosty mint luster with hints of delicate golden overtones. We note some fine hairline scratches above star 8 (1 o'clock) that is the probable reason this beauty did not grade MS63 or MS64.
Distinguished by the Wide 5 D on reverse. Normal 8 with close date, arced. Survival estimate: 175 to 225 pieces, Rarity-3+. According to Dannreuther, "this variety is the first early gold coin that seems to have a single die state for both dies for the entire production run. Because it is estimated that possibly 20,000 of this variety were struck, this is remarkable." The reverse die also was used for the next year’s issue, the lone variety of 1809,an overdated leftover 1808 die. "Because the 1809/8 issue is much more difficult to locate than this variety, it is likely that some of the reported mintage for the calendar year 1809 was dated 1808 -- and those coins probably were this variety." (PCGS # 8102) . Estimated Value $5,000-UP. The Del Valle Collection.
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Realized $10,223 |